Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 182.55

+2.0%

Nov 24 3:59 PM EST

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To: Trader J who wrote (18075)	7/27/1999 12:51:00 PM
From: LTK007	Read Replies (1) of 56535

I hear you Jeff,but I like to think we do have lurkers in varied forms,young ones with a tiny stash that have to,for sure ,carefully discipline themselves to be ready at all times to take a 5-10% loss immediately when trading,or get trapped in a hole--and then those who play a complex mixed bag of strategies because they are fortunate enough to have leeway. Last week I had slighty more than 4X what I started this "madness" with (and that is in spite taxes and 5k going out in bills every month)--this week I now am about 3.7X up,my situation is simply to maintain my run to a 4 time multiple,ito sell all my holdings today would be ,FOR MY SITUATION,extremely foolish--my situation allows me to handle pain and hold when good stocks get beaten down--if I was holding a POS stock my decision to hold would be major stupidity. As of today I am NOT tempted to yet average down on NPLS--today does appear to be a bear trap---my cash I have will remain out of the market. And due to temporary mental fatique,I am not up to attempting a heart-stopping major daytrade play(Like buying 10kshares on a 15 dollar stock looking for a point) but I am glad I have the option available to me--I am now just going to walkaway for a week . Good Luck all,Max

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